Categories: Agenda

Spikes in Director Retirements, Resignations

Director departures have ticked up over the past four years, and according to an Agenda investigation, there appear to be several factors behind the shift. Pressure from activists, investors focused on board refreshment and diversity and an overall reckoning with gaps in board skills have led to monthly spikes in director departures stretching back to 2015, according to data provided exclusively to Agenda and interviews with board search experts.

…Data from SEC filings analyzer MyLogIQ, which provided a more granular breakdown of resignations, retirements, terminations, medical leaves and deaths among Russell 3000 company directors for the months of January, February and March of the past three years, also shows increases in retirements and resignations, although the incline isn’t continuous.

admin

Recent Posts

High-Profile CEOs See Security Perks Climb in Divisive Environment

Nearly 40 S&P 500 firms included security costs in their CEOs' perk packages last year,…

3 months ago

Hanging Around: More 65+ CEOs Stay On the Job

Within the next five years, major corporations from JPMorgan Chase to The Walt Disney Co.…

4 months ago

AI Disclosures Increase, yet Committee Charters Have Not Caught Up

Artificial intelligence is the single-largest area that boards have devoted time to in the last…

5 months ago

The Highest Paid CEOs of 2023

The chiefs of America’s biggest companies reached new pay heights in 2023 as stock awards…

6 months ago

Musk Effect Drives Spread of Supersize CEO Pay Packages

Elon Musk didn’t just upend the global auto business and space missions. The billionaire is…

6 months ago

Top 5 Highest Paid American CEOs Of 2023

In 2023, the leaders of America's largest companies saw their compensation packages soar to unprecedented…

6 months ago